Sedato company follwos the practice of pricing its inventory at LCNRZ, on an individual-item basis.

Item No. Quantity Cost per Unit Estimated Selling Price Cost to Complete and sell

1320 1,200 3.20 4.50 1.60

1333 900 2.70 3.40 1.00

1426 800 4.50 5.00 1.40

1437 1,000 3.60 3.20 1.35

1510 700 2.25 3.25 1.40

1522 500 3.00 3.90 .80

1573 3,000 1.80 2.50 1.20

1626 1,000 4.70 6.00 1.50

from the information above, determine the amount of Sedato Company inventory